UNIVERSITY BANK OF WICHITA Failed 1984

WICHITA, KS · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

UNIVERSITY BANK OF WICHITA of WICHITA, KS was closed on 1984-12-11. The FDIC was named receiver.

Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to CHARTER BANK NATIONAL AS (WICHITA, KS). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
945
FDIC Certificate
21505
FDIC FIN
2433
Bank name
UNIVERSITY BANK OF WICHITA
Location
WICHITA, KS
Failure date
1984-12-11
FDIC resolution date
1984-12-11
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$2M
Deposits at failure
$4M
Assets at failure
$5M
Acquiring bank
CHARTER BANK NATIONAL AS (WICHITA, KS)